Judgment Reality

I am not a lawyer, I am a Judgment Broker. This
article is my opinion, and
not legal advice. If you ever need any legal advice or
a strategy to use,
please contact a lawyer.

Most judgment owners have no idea of what their
judgment is really worth
to judgment buyers that actually pay cash up-front for
average judgments.
sales.

Many judgment owners avoid reality about their
judgments, and think their
judgments are guaranteed, and/or are worth their face
value.

The reality is that judgment repayment is never
guaranteed, and no
judgments have ever been sold for more than a very
substantial discount
from their face value.

Some judgment owners waste time with misrepresenting
companies on the web,
that advertise "snake oil" false promises such as "We
pay up to 50% cash
up-front for judgments".

Many judgment owners waste an incredible amount of
time, shopping their
judgment for their preconceived and imagined sale
price.

That is like going to an auto dealer to buy a new 2012
Honda CR-V, with a
firm offer price of a $10,000 cashier's check.

Any objective person would agree that it is a waste of
time to go from
dealer to dealer with a firm offer of $10,000, when no
dealer would sell a
new CR-V for even twice that much.

Imagine someone who wasted huge amounts of time
visiting 100 Honda auto
dealerships with a 10K cashier's check, getting turned
down 100 times.
That would be very silly, yet that is similar to what
some judgment owners
do, when they try to sell a 10K judgment for 5K cash
up-front, to 100
possible judgment buyers.

It does not matter how many judgment buyers one sends
that kind of cash
up-front offer to, because no judgment buyer will pay
more than the actual
cash up-front value of a judgment.

Average judgments sell for 1-7% cash up-front, or for a
future-payment of
50%, after a recovery of any judgment money. When your
judgment debtor is
rich, you can get better prices; however pricing
depends on situations
beyond your wishes or control.

What are the factors used for pricing actual cash
up-front judgment sales?
Judgment debtors can die, go out of business, get sick,
file for
bankruptcy protection, change their names, work for
cash, move, vacate the
judgment, etc.

There are many other factors that influence prices for
cash up-front
judgment sales, when a judgment is against a person or
people:

The age of the debtor, the state they live in, the
state and county the
judgment was issued, how common of a name the debtor
has, whether the
debtor has the same name as one of their parents and
grandparents, whether
they are married, divorced, or paying or owing support,
what assets they
appear to own, the type of income they earn or receive,
what debts they
appear to owe, how many other judgments and liens are
against them and how
much the other judgments and liens add up to, their
bankruptcy history,
the general (and local) economic situation, the health
of the debtor,
their drug or alcohol problems, criminal records, etc.

If the judgment debtor is a company or business, there
are many other
factors that influence cash up-front prices:

The age of the company, their corporate status, the
state they are
registered in, the state and county the judgment was
issued, how common a
name the company has, whether the company is owned by
another entity, what
assets the company appears to own, the type of business
it is, the income
they earn or receive, what debts they appear to owe,
how many other
judgments and liens are against them and how much the
other judgments and
liens add up to, their bankruptcy history, the general
(and local)
economic situation, the size of the company, complaints
about the company,
their web presence, etc.

A judgment's cash up-front value depends on the factors
above, and the
"judgment buying" JudgmentMarketplace. Any cash
up-front judgment value has nothing to do
with any judgment buyer, referral, or judgment broker;
or any needs,
wants, wishes, or situations of the original judgment
creditor.